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Dec 7, 2012
12/12
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no substantive sandy in the jobs numbers. the lack of sandy effect has us scratching our heads, what they said. i just got off the phone with the guy who's the head of doing the numbers, labor numbers at the bls. he walked me through the rather extensibilive process they did fine out if there was any sandy effect, including sampling of businesses in a flood tide areas. >> it was very meticulous. >> i'm pretty convinced they did a good job figuring out if there was an effect and there is no effect which brings us to the numbers which you could believe on face value as much as you can. they'll revise this again. they only come forward with 60% to 70% of the sample. unemployment rate falling 7.7% because largely a drop in the labor force. average hourly earnings up 0.2%. despite positive headlines, xwoeld man sax says we interpret this report as one only slightly better than expected overall given downward revisions and weaker labor force and it does not change our assessment of the underlying strength of the labor market. priva
no substantive sandy in the jobs numbers. the lack of sandy effect has us scratching our heads, what they said. i just got off the phone with the guy who's the head of doing the numbers, labor numbers at the bls. he walked me through the rather extensibilive process they did fine out if there was any sandy effect, including sampling of businesses in a flood tide areas. >> it was very meticulous. >> i'm pretty convinced they did a good job figuring out if there was an effect and...
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Dec 23, 2012
12/12
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FBC
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that's how hurricane sandy bill doesn't git loaded it is an awful thing . so set it aside and do it every year and let them duke it out but not stuff it in other place. . >> john is it okay. >> no, it is not okay. no one wlote against the hurricane sandy bill and so things that were unrelated n to it is put inside it and 80 or 90 years ago we did not followize the disaster. we would make sure they didn't do corrupt act to get it through. if you want to see more of this. keep having washington pay fors that are tragicnd local. >> is that the point whene federalize with fema and other agencies and that's when the trouble came in and when everybody loads the pork in. >> it is not only the disaster bills. any bill that gets clearance from congress they load tup with junk. obama may call it stimulus but it is it pork. >> emac knows this well and it was there on seatism it is awful. >> in uation like that. block grant the money to the states and see what the needs are and go to it. >> mgan what about that idea. >> you need to get out of congress and away from the
that's how hurricane sandy bill doesn't git loaded it is an awful thing . so set it aside and do it every year and let them duke it out but not stuff it in other place. . >> john is it okay. >> no, it is not okay. no one wlote against the hurricane sandy bill and so things that were unrelated n to it is put inside it and 80 or 90 years ago we did not followize the disaster. we would make sure they didn't do corrupt act to get it through. if you want to see more of this. keep having...
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Dec 7, 2012
12/12
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you had sandy. i mean, it may be -- the journal argued it's the least important jobs number in five years. >> i saw that. i do think one thing we can certainly say given that china seems to be stabilizing a bit, we can all discuss europe. greek situation. maybe it's off the front pages for a while. and so if we assume that the jobs picture in the u.s. is not bad, let's assume not bad, it puts even more of a focus on the fiscal cliff negotiations because it becomes even more binding one would assume in terms of good or bad for the market, for the economy. >> kernen had a good point. does strength mean the economy could handle a cliff or is it so good you wouldn't want to tamper -- >> if i wanted to create a recession, what would i do? i would raise everybody's rates. i would cut the unemployment benefit. just trying to think of a theory of how i could cause a recession. i would cut back government spending quickly. >> i would raise interest rates to 20%. >> bernanke ought to join the -- look, i think
you had sandy. i mean, it may be -- the journal argued it's the least important jobs number in five years. >> i saw that. i do think one thing we can certainly say given that china seems to be stabilizing a bit, we can all discuss europe. greek situation. maybe it's off the front pages for a while. and so if we assume that the jobs picture in the u.s. is not bad, let's assume not bad, it puts even more of a focus on the fiscal cliff negotiations because it becomes even more binding one...
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Dec 11, 2012
12/12
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it's a fantastic charity event for the victims of sandy. groupon ceo speaking out as he tries to revive his struggling company. we have the headlines on that major story. a super deal for beyonce as well. a $50 million deal. with pepsi, is it a match made in heaven? for $50 million bucks i bet it is. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. i'm julia borsten in los angeles. groupon up 4% as ceo andrew mason speaks at a conference. he wouldn't respond to any of the juicy questions like whether the company needs new leadership or friday's report google is interested in groupon which sent it skyrocketing. given up gains, about 15% since friday. mason stressing groupon strength in mobile, a third his transactions on mobile devices saying mobile customers spend more and are more loyal. sue, over to you. >
it's a fantastic charity event for the victims of sandy. groupon ceo speaking out as he tries to revive his struggling company. we have the headlines on that major story. a super deal for beyonce as well. a $50 million deal. with pepsi, is it a match made in heaven? for $50 million bucks i bet it is. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back...
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Dec 7, 2012
12/12
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CNBC
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now, again, back to hurricane sandy. from the commissioner's statement, the storm we saw happen on october 29th, the next pay period ended on november 12th. the way bls essentially keeps score it says workers have to be off work for the entire pay period to be counted on the negative side. on the household survey side, persons who missed work for weather-related events are counted as employed whether or not they are paid for the time off. we did have a drop in the labor force participation rate, down 0.2 to 63.6%. how did we get to 7.7% unemployment? basically the number of unemployed persons dropped more than the number of employed and there were downward trends in both those categories. lots to chew on. back to you guys. >> hampton, thank you. we are kind of scratching our heads. let's get more reaction from our panel. mark zandi and jared bernstein are here with us. mark, what do you make of this number? we've set this up as numbers were not going to be things we watched closely because of sandy. >> i'd say two things
now, again, back to hurricane sandy. from the commissioner's statement, the storm we saw happen on october 29th, the next pay period ended on november 12th. the way bls essentially keeps score it says workers have to be off work for the entire pay period to be counted on the negative side. on the household survey side, persons who missed work for weather-related events are counted as employed whether or not they are paid for the time off. we did have a drop in the labor force participation...
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Dec 6, 2012
12/12
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CNBC
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as soon as you get done figuring out, how much is sandy, how much is not sandy, we have to start dealing with the fiscal cliff so there's a shock behind us and a shock in front of us. so we're in limbo right now. and we're expecting a big effect from sandy in the friday number, especially in maybe the household survey, they moved the survey week back a week. because of an early thanksgiving. they do that -- so instead of it being the week of the 12th, it's the week of the 5th. >> so this number is going to tell us nothing tomorrow? > know there's going to be a lot of discussion about it. i'll stick to my guns, it's a 125 to 150 economy growth some of that could be sandy. i don't donknow if you want to k about that chart. this looks at the net effect acceptable. if 30% say it's acceptable and 20% say -- these are what we asked people. how many is that? that's five of eight different solutions. >> people say, yes, we're okay dealing with the fiscal cliff, if you raise taxes on those who make more than $250,000 and then you cap deductions, and virtually everything else is off the table. >>
as soon as you get done figuring out, how much is sandy, how much is not sandy, we have to start dealing with the fiscal cliff so there's a shock behind us and a shock in front of us. so we're in limbo right now. and we're expecting a big effect from sandy in the friday number, especially in maybe the household survey, they moved the survey week back a week. because of an early thanksgiving. they do that -- so instead of it being the week of the 12th, it's the week of the 5th. >> so this...
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Dec 30, 2012
12/12
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CSPAN
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so -- >> yeah. >> so on sandy, when you went back to new york after sandy, what did you see and what were you thinking? you wrote a book, storms of my grandchildren. were you thinking, aha, the storms i've been writing about are here now? >> well, it was an example. the storm -- you know, i titled it storms of my grandchildren because, if we pass the point where greenland begins to shed ice fast enough to cool the north atlantic, which only requires that you get up to about half a meter or so from greenland, that will increase the temperature gradients between the high latitudes and low latitudes and that is what drives cyclonic storms. so some of these storms of the century that we've had, the really big cyclonic storms which, unlike a hurricane, they stretch for thousands of miles. so you can have one that stretches from the caribbean to canada and with hurricane force winds. and now, if we increase the temperature gradients by several degrees, which we can do, we're going to get those types of storms and europe will particularly suffer from them. but when you get a hurricane embed
so -- >> yeah. >> so on sandy, when you went back to new york after sandy, what did you see and what were you thinking? you wrote a book, storms of my grandchildren. were you thinking, aha, the storms i've been writing about are here now? >> well, it was an example. the storm -- you know, i titled it storms of my grandchildren because, if we pass the point where greenland begins to shed ice fast enough to cool the north atlantic, which only requires that you get up to about...
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Dec 22, 2012
12/12
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to miami to california, bells rang fare each life lost at sandy hook elementary school. at the episcopal church in newtown, connecticut, the bell tolled 28 times. one time for each life lost, including the shooter's. as the people of newtown cope with how this tragedy took place, investigators continue to search for the why. what motivated 20-year-old adam lanza to go on a mass killing spree? cnn's susan candiotti joins me now with the very latest. nice to see you and have you with us this morning. is there any better sense on the part of investigators about what was adam lanza thinking? what was going through his mind? >> that's what we would all of course like to know. of course, investigators have been working very hard on all of this nonstop. so far, there is very little indication that he had much of an online presence, for example, did he flag his intentions to anyone online? did he play any online games with anyone? did he tell anyone what he was thinking about? these are the things they're trying to figure out. remember, they're still trying to work very hard to
to miami to california, bells rang fare each life lost at sandy hook elementary school. at the episcopal church in newtown, connecticut, the bell tolled 28 times. one time for each life lost, including the shooter's. as the people of newtown cope with how this tragedy took place, investigators continue to search for the why. what motivated 20-year-old adam lanza to go on a mass killing spree? cnn's susan candiotti joins me now with the very latest. nice to see you and have you with us this...
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Dec 22, 2012
12/12
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we remember the victims of sandy hook that lost their lives a week ago. es. one a day women's 50+ is a complete multivitamin designed for women's health concerns as we age. it has 7 antioxidants to support cell health. one a day 50+. it has 7 antioxidants to support cell health. meet the 5-passenger ford c-max hybrid. when you're carrying a lot of weight, c-max has a nice little trait, you see, c-max helps you load your freight, with its foot-activated lift gate. but that's not all you'll see, cause c-max also beats prius v, with better mpg. say hi to the all-new 47 combined mpg c-max hybrid. >>> our fifth story "outfront" tonight, minnesota's red lake high school knows the horrors of violence. seven years ago a shooting at the red lake reservation school claimed the lives of at any students, a teacher, and a security officer. this week four students from redlake drove 32 hours from minnesota to connecticut to show the community of newtown that they're not alone. poppy harlow spoke to the students. ♪ >> reporter: they're calling it a trip of healing. >> i'm
we remember the victims of sandy hook that lost their lives a week ago. es. one a day women's 50+ is a complete multivitamin designed for women's health concerns as we age. it has 7 antioxidants to support cell health. one a day 50+. it has 7 antioxidants to support cell health. meet the 5-passenger ford c-max hybrid. when you're carrying a lot of weight, c-max has a nice little trait, you see, c-max helps you load your freight, with its foot-activated lift gate. but that's not all you'll see,...
SFGTV: San Francisco Government Television
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Dec 24, 2012
12/12
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so, they did that in sandy hook and it saved lives. we will do that exact same thing should that event happen at any point in san francisco, and we're going to train so that that's the case for as long into the future as we can see to keep our kids safe. i, like supervisor cohen, want to applaud the mayor's leadership on this, to identify the most lethal ammunition, and to have allow the citizens to allow the police department to maintain the database. being the first city in the country to make that ammunition illegal as you will hear later, dr. campbell from probably the best trauma ward in the country will tell you what that ammunition does to people when they are hit by it. and then, again, to ask for a reporting on people that purchase as much or more as 500 rounds of ammunition so we cannot only track those people that are buying ammunition, but frequency of purchase as you can stockpile that ammunition. it is not going to be the -- any sort of suspension of the constitution. this is just smart, thoughtful community coming togeth
so, they did that in sandy hook and it saved lives. we will do that exact same thing should that event happen at any point in san francisco, and we're going to train so that that's the case for as long into the future as we can see to keep our kids safe. i, like supervisor cohen, want to applaud the mayor's leadership on this, to identify the most lethal ammunition, and to have allow the citizens to allow the police department to maintain the database. being the first city in the country to...
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Dec 3, 2012
12/12
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CNBC
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particularly on the consumer side as well, because of sandy. so i think in the meantime, until we get a resolution, i've said before, i think you're going to be in a trading range. and i think into the strength of the market, you want to take some off, never bad to have some cash. but on these pullbacks, i think you want to be buying, because i actually think the economy is getting better, particularly when you look at housing, consumer, even auto and aerospace, all those data points point to 2013. >> are you buying the market on any pullback? >> i like the santa claus rally with josh and would be raising cash. i think the risk in the markets further on the down side than the up side. but when you see some real pullbacks, buy the stock if you like it. >> morgan stanley's top market watcher has been bearish all year and not ready to change his mind. adam parker joins us live. welcome back to halftime. good to see you. >> how are you, scott? >> 1167 is where you thought we would be at the end of the year. you'll be far short. why aren't you willi
particularly on the consumer side as well, because of sandy. so i think in the meantime, until we get a resolution, i've said before, i think you're going to be in a trading range. and i think into the strength of the market, you want to take some off, never bad to have some cash. but on these pullbacks, i think you want to be buying, because i actually think the economy is getting better, particularly when you look at housing, consumer, even auto and aerospace, all those data points point to...
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Dec 6, 2012
12/12
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WBFF
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superstorm sandy. sandy. sa--dira.... merge-a-fay../. nick-named... "sadie claus"... kickeddoff... her donation drive ...about two weeks ago... / after... she saw a story ..about the devastation sandy....// she... told her mother ...she wanted to do sooething....// so... they started a facebook event page... assing people to donatt... new, the response has been huge... (sadie) "i want the children to be happy too.. like, they can have tteir toys so they can play with them.. cause they don't have any toys anymore." anymore." so ar... / p sadie... collected nearly 3-thousand dollars... worth f toys... for chillren...//. if... you want to donate.../ stop by ...the parget ...in... white marsh truck" event...//. all -- donations... will be sent ...to saint mary's... by the sea ... in... point pleaaant, new jersey. -- react to story -- &panother fall-liie day....sunn and cool out...how will we finish out the weekend? meteorologist emily gracey... 3 3 teerell suggs back on he for sunday's ggme...next in sportssuulimittd... we're here! [ giggling ] these days, nobody has time to get sick.
superstorm sandy. sandy. sa--dira.... merge-a-fay../. nick-named... "sadie claus"... kickeddoff... her donation drive ...about two weeks ago... / after... she saw a story ..about the devastation sandy....// she... told her mother ...she wanted to do sooething....// so... they started a facebook event page... assing people to donatt... new, the response has been huge... (sadie) "i want the children to be happy too.. like, they can have tteir toys so they can play with them.. cause...
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Dec 14, 2012
12/12
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we have an update now on that shooting at the sandy hook elementary school in newtown, connecticut. nbc news is reporting as many as 27 people may be dead from that shooting which broke out this morning shortly after 9:30. that's when police were called. as many as 17 to 18 of the victims are children. 7 to 8 adults including the gunman who authorities described to nbc news as a 20-year-old connecticut man who was dressed in black and was carrying two handguns. connecticut state police are set to begin a briefing at this hour. danbury officials and hospital officials tell nbc news that at least three people have been transported to the hospital. again, to as many as 27 people killed. we will bring you more details as they become available. back to you. >> thank you very much, bertha. we'll keep checking back with you and monitoring the situation. obviously an incredibly tragic situation still unfolding in newtown, connecticut. we will keep you up to date as new information does become available, but right now we turn our attention to what we do here at cnbc. our focus is the markets
we have an update now on that shooting at the sandy hook elementary school in newtown, connecticut. nbc news is reporting as many as 27 people may be dead from that shooting which broke out this morning shortly after 9:30. that's when police were called. as many as 17 to 18 of the victims are children. 7 to 8 adults including the gunman who authorities described to nbc news as a 20-year-old connecticut man who was dressed in black and was carrying two handguns. connecticut state police are set...
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Dec 22, 2012
12/12
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we remember the victims of sandy hook that lost their lives a week ago. i'm glad we got cdw and cisco to design our data center. yeah, the cisco ucsc series server, with the intel xeon processors, help us scale smoothly, like a perfect golf swing. how was it before? clunky and full of unnecessary impediments. like charles' swing. i heard that. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. >>> our fifth story "outfront" tonight, minnesota's red lake high school knows the horrors of violence. seven years ago a shooting at the red lake reservation school claimed the lives of at any students, a teacher, and a security officer. this week four students from redlake drove 32 hours from minnesota to connecticut to show the community of newtown that they're not alone. poppy harlow spok
we remember the victims of sandy hook that lost their lives a week ago. i'm glad we got cdw and cisco to design our data center. yeah, the cisco ucsc series server, with the intel xeon processors, help us scale smoothly, like a perfect golf swing. how was it before? clunky and full of unnecessary impediments. like charles' swing. i heard that. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world....
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Dec 18, 2012
12/12
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CNBC
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they are donating $10,000 worth of target gift cards to the sandy hook elementary school. as you know, those children will not be returning to that school in the near future. maybe never. they are going to be going to school in monroe, new york. they are donating those gift cards so administrators can use those to restock that school with supplies because it's not being used right now. nice thing for target to do. >>> let's take a look at the markets right now. dow jones industrial average
they are donating $10,000 worth of target gift cards to the sandy hook elementary school. as you know, those children will not be returning to that school in the near future. maybe never. they are going to be going to school in monroe, new york. they are donating those gift cards so administrators can use those to restock that school with supplies because it's not being used right now. nice thing for target to do. >>> let's take a look at the markets right now. dow jones industrial...
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Dec 16, 2012
12/12
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in the hallway at sandy hook elementary school. the school psychologist was found along with the 47-year-old principal dan how hochsprung. >> she was personal friend and wonderful leader and it's a huge loss for the kids and the community and her family. >> while some folks in the area took down holiday celebrations feeling guilty celebrating during this time of tragedy. others are finding a new meaning associated with angels being placed on top christmas trees. sherri burton says it pays tribute to the student and staff members she loved so much. >> we will get through this i have lost friends and students i have worked with. >> some of the parents who lost their children mourning with their fellow neighbors this morning during packed sunday services disheartened parents who are taking a break from planning funerals for their little ones. many residents feel they have no way to help the victim's families except through faith and prayer. shannon, as we have been mentioning all morning long, obs scheduled to come to sandy hook. this
in the hallway at sandy hook elementary school. the school psychologist was found along with the 47-year-old principal dan how hochsprung. >> she was personal friend and wonderful leader and it's a huge loss for the kids and the community and her family. >> while some folks in the area took down holiday celebrations feeling guilty celebrating during this time of tragedy. others are finding a new meaning associated with angels being placed on top christmas trees. sherri burton says...
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Dec 21, 2012
12/12
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MSNBCW
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perhaps due in footer christie's soaring approval ratings in the aftermath of hurricane sandy. booker says he's looking into running for senate in 2014 when 88-year-old frank lautenberg is expected to retire. but interestingly enough, lautenberg hasn't made any decisions yet. his office dismissed booker's comments saying the senator is focused on his work adding it's not the time for political distractions. >>> in a rare moment of bipartisanship, democrats and republicans came together yesterday to say farewell to hawaii's daniel inouye. the second longest serving senator in u.s. history. the army veteran who died on monday was honored by having his casket lie in state. that's a privilege that's only been received by 31 other americans ever. vice president joe biden paid tribute to his colleague. >> he was in every sense the quintessential american. he possessed, in my view, every virtue that we like to ascribe to our country. i never met a man, or woman, in that period with as much physical and moral courage as danny inouye. i never met a man with as much loyalty to his countr
perhaps due in footer christie's soaring approval ratings in the aftermath of hurricane sandy. booker says he's looking into running for senate in 2014 when 88-year-old frank lautenberg is expected to retire. but interestingly enough, lautenberg hasn't made any decisions yet. his office dismissed booker's comments saying the senator is focused on his work adding it's not the time for political distractions. >>> in a rare moment of bipartisanship, democrats and republicans came together...
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Dec 30, 2012
12/12
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CSPAN
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sandy hit new york? >> i was on our farm in kintnersville, pennsylvania, where we ended up losing power for better part of the week, and four big trees blown over, the railings blown off our deck and windows blown out of the barn. so even in pennsylvania, which is separated from the atlantic ocean by new jersey, we still -- >> thanks, new jersey. >> new jersey didn't do much to buffer it. but that's where i was. and we -- you know, the lights went out and we heard these noises on the second floor as the -- as these railings were getting blown out. it was a -- a -- little, i don't know, just an interesting experience. >> your first -- first biggest storm like that, you got other storms was this bigger than -- >> i think this was the biggest one that i was in. even though i'm from western iowa, where we would get these tornado warnings all the time and have to go to the basement, but we never got hit by a tornado. so i think this was the biggest one that i was in. >> and then, when did you go to new york a
sandy hit new york? >> i was on our farm in kintnersville, pennsylvania, where we ended up losing power for better part of the week, and four big trees blown over, the railings blown off our deck and windows blown out of the barn. so even in pennsylvania, which is separated from the atlantic ocean by new jersey, we still -- >> thanks, new jersey. >> new jersey didn't do much to buffer it. but that's where i was. and we -- you know, the lights went out and we heard these noises...
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Dec 17, 2012
12/12
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pointing out sandy hook elementary had a locked door into the school but the gunman shot his way through it. >> it's not going to stop somebody. that is their intention. they obviously think about it and then go do it. >> reporter: after the columbine shootings in colorado schools started doing armed intruder drills. you can expect those to increase. some districts are even talking about arming their educators. live in san francisco i'm tara moriarty ktvu channel 2 news. >> and we'll have more coverage of the sandy hook school shooting throughout the morning coming up at 4:42 we are learning more information about the gunman and why the massacre could have been worse. plus the debate over gun control. what senator dianne feinstein plans to do to get a former law on the books. >>> in overnight news in san francisco a man was rescued after getting stuck in a chimney. it happened at about 11:30 last night at the heights apartment on clay street. >> i'm not sure exactly how he entered into the fireplace this time. we'll find out that a little farther upon more investigation. >> the man was r
pointing out sandy hook elementary had a locked door into the school but the gunman shot his way through it. >> it's not going to stop somebody. that is their intention. they obviously think about it and then go do it. >> reporter: after the columbine shootings in colorado schools started doing armed intruder drills. you can expect those to increase. some districts are even talking about arming their educators. live in san francisco i'm tara moriarty ktvu channel 2 news. >>...
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Dec 5, 2012
12/12
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CNBC
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you have fiscal cliff, you have hurricane sandy. are you optimistic about what's happening in the economy if you take out the potential shocks? >> i don't think we make any change at all. i think the job market is producing 150,000 jobs per month, that's what we've been producing since the beginning of the year, over the past year, past two years, some months we're a little lower, higher, sometimes seasonal adjustment. if you take this month's number and x out sandy, that's over 200,000. >> that will add some jobs, that's not a fair comparison. >> so 200,000 minus 60 is 150 -- >> so you're right there. >> i don't think the economy has chang chang changed deappreciably over the last year. >> well, i think coming into friday's number, we're a little -- we don't think there's 80,000 worth of impact, might be closer to 40,000 or 50,000. whatever, there's been an impact and i agree with mark's point, 1 in about 150,000 job creation in the economy and i don't know that meaningfully changes. but i would say, if anything, the bias next year
you have fiscal cliff, you have hurricane sandy. are you optimistic about what's happening in the economy if you take out the potential shocks? >> i don't think we make any change at all. i think the job market is producing 150,000 jobs per month, that's what we've been producing since the beginning of the year, over the past year, past two years, some months we're a little lower, higher, sometimes seasonal adjustment. if you take this month's number and x out sandy, that's over 200,000....
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Dec 21, 2012
12/12
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we heard it earlier once again on this program with congressman sandy levin who blamed john boehner and the republicans. it was a similar tune yesterday from john boehner blaming the president. yesterday i heard from many of you after my interview with democratic senator ben cardiff. some of you liked it, others did not like it. thank you very much for all of your feedback. i truly appreciate it. yes, i know i was tough. but, no tougher than i've been and will be to politicians on both sides of the aisle who won't answer direct questions. who draw lines in the sand while businesses, the economy, and individuals suffer the consequences of their inaction. i'm
we heard it earlier once again on this program with congressman sandy levin who blamed john boehner and the republicans. it was a similar tune yesterday from john boehner blaming the president. yesterday i heard from many of you after my interview with democratic senator ben cardiff. some of you liked it, others did not like it. thank you very much for all of your feedback. i truly appreciate it. yes, i know i was tough. but, no tougher than i've been and will be to politicians on both sides of...
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Dec 17, 2012
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at sandy hook school we're a tight-knit group. i live in the community also. >> dawn and all the others, obviously you worked with them. >> yes. >> what do you want people to know about them, about this community, about -- >> i want them to be able to come back to school. i don't know if we'll come back to sandy hook school. i'm hearing we'll possibly be moved to another building somewhere else. we do need to get the kids back in school. we need to see them. it was helpful tonight to see some families. they were all calling us heroes. we don't feel like that. we did what we needed to do and kept their children safe and, you know, i was able to tell everybody in my class your kids are safe. that made me feel good. >> you're a hero to me and i think to a lot of people. >> thank you. >> i appreciate you talking. >> all right. thank you. >> amazing. coming up, we want to play you more of president obama's speech at the memorial service tonight. at one point president asking if we can honestly say we are doing enough to keep our childr
at sandy hook school we're a tight-knit group. i live in the community also. >> dawn and all the others, obviously you worked with them. >> yes. >> what do you want people to know about them, about this community, about -- >> i want them to be able to come back to school. i don't know if we'll come back to sandy hook school. i'm hearing we'll possibly be moved to another building somewhere else. we do need to get the kids back in school. we need to see them. it was...
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Dec 17, 2012
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we don't know yet when or if sandy hook elementary will reopen. but when the kids do return to classes, they will likely go to an unused school in a town about seven miles south of newtown. that school will be ready to open by wednesday. but no date has been set for the children to resume class. and police will be stationed at that campus. one official says he doubts students will ever go back to sandy hook elementary again. >>> a bay area church is planning an inter faith service tonight to reflect on last week's tragedy. the service is set for 7:00 at first presbyterian church of burlingame at 1500 eastton drive. organizers say local religious leaders and public school trustees will attend the service, which will include prayers, readings, and expressions of remembrance and hope. california senator diane finestein says she plans to introduce new legislation banning the types of assault weapons and ammunition used in friday's shooting. fine stein says when congress reconvenes at the beginning of the year, she will push a bill that bans new assaul
we don't know yet when or if sandy hook elementary will reopen. but when the kids do return to classes, they will likely go to an unused school in a town about seven miles south of newtown. that school will be ready to open by wednesday. but no date has been set for the children to resume class. and police will be stationed at that campus. one official says he doubts students will ever go back to sandy hook elementary again. >>> a bay area church is planning an inter faith service...
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Dec 25, 2012
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this kentucky kid had a chance to spend some quality time in new york in the middle of sandy and sandy smashes in. in what did it affect you and what way did new york surprise you? >> well, being here in the middle of new york city when sandy hit, like for everyone, it was a different and strange time, but what i got to see was the resiliency and the will of the people of this area to stand up and love each other, to help each other, to rebuild -- this city is a great city. this area is strong. [ applause ] >> when stuff happens, they get back up and they dealt with it you know, as well and as fiercely as it could be dealt with. i just think the humanity of the people that's what overwhelmed me the will of the people was hey, we get knocked down we get back up. new york city and this whole area it's just been an honor to be here during this time period. >> you are the perfect person to be on our show today. not only are raw great american success story you love this country and you are wearing the stars and stripes around your neck and your music is very patriotic. that's why you are a
this kentucky kid had a chance to spend some quality time in new york in the middle of sandy and sandy smashes in. in what did it affect you and what way did new york surprise you? >> well, being here in the middle of new york city when sandy hit, like for everyone, it was a different and strange time, but what i got to see was the resiliency and the will of the people of this area to stand up and love each other, to help each other, to rebuild -- this city is a great city. this area is...
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Dec 3, 2012
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start first with the impact of sandy. is there one specific automaker that you think will benefit more from the impact of sandy as dealers have to reorder new cars? >> historically, actually trucks do better. they do better because you've got dealers taking care of inventory and you also have people going out that are in the business of basically doing work with trucks and they'll use this as an excuse to get it. you're looking probably at ford and gm on the truck side taking a lot. gm needs that upswing in trucks lig right now. >> how does this get counted as sales? customers may not have the cars yet but dealers are ordering the cars to try an make up for lost inventory. is that correct? >> basically, yeah. the minute the car or truck gets put on the haul-away, whether a rail head or a truck, that's when it transfers to the dealer. when you get down to it, the car companies don't sell cars to customers. their customer is the dealer and the dealer resells them. when you see sales you aren't seeing registrations. as a res
start first with the impact of sandy. is there one specific automaker that you think will benefit more from the impact of sandy as dealers have to reorder new cars? >> historically, actually trucks do better. they do better because you've got dealers taking care of inventory and you also have people going out that are in the business of basically doing work with trucks and they'll use this as an excuse to get it. you're looking probably at ford and gm on the truck side taking a lot. gm...
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Dec 18, 2012
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sandy relief bill. hardly any of it gets to sandy and the actual survivors. we'll get to all that. "the kudlow report" begins right now. >>> first up, 14 days and the clock is still running for a deal to prevent the nation's economy from falling off the tax and fiscal cliff. president obama, speaker boehner, they huddled at the white house today once again, but are we really any closer to a compromise? we go back to cnbc's eamon javers who joins us from washington with all the details. good evening. >> reporter: good evening, larry. you're right, they did meet today. it was a surprise meeting not announced as the previous meetings between the two men have been in past weeks. so we know that the meeting lasted about 45 minutes and that treasury secretary tim geithner also attended. what we don't know is whether the two men came to any deal or not or advanced the discussions in any way today. what we do know is that up here on capitol hill, senator harry reid, the democratic leader, suggested to his fello
sandy relief bill. hardly any of it gets to sandy and the actual survivors. we'll get to all that. "the kudlow report" begins right now. >>> first up, 14 days and the clock is still running for a deal to prevent the nation's economy from falling off the tax and fiscal cliff. president obama, speaker boehner, they huddled at the white house today once again, but are we really any closer to a compromise? we go back to cnbc's eamon javers who joins us from washington with all...
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Dec 18, 2012
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and the senseless killings on i-95 and the people drowning in hurricane irene and then the effects of sandy. neil: cumulative affect. >> where the consumer will have a conscience the same way the consumer had a conscience after september 11th, but much longer lasting this time. neil: i respect to the heck out of bernie, but maybe these type of soul-searching moments tend to be short-lived, may be going to the increased disaster nature or coverage of late or the fact that we have seen this sadly before. just a couple of weeks ago in a shopping mall, to say nothing of the overall shooting some months back. i am not saying we'd used to it, but we are not shocked by this. whenever a fact, it is not that long lasting. >> i am not so sure about that. that think there was something different about the horror and nightmares quality of this tragedy in connecticut. you know, i went to tyson's corner mall, which is one of the biggest malls in america saturday. i could not believe it. seventy parking spaces, which is, you know, usually the weekend before christmas, you know, that is the busiest time of
and the senseless killings on i-95 and the people drowning in hurricane irene and then the effects of sandy. neil: cumulative affect. >> where the consumer will have a conscience the same way the consumer had a conscience after september 11th, but much longer lasting this time. neil: i respect to the heck out of bernie, but maybe these type of soul-searching moments tend to be short-lived, may be going to the increased disaster nature or coverage of late or the fact that we have seen this...
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Dec 17, 2012
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about 900 people fit and an overflow in the gym of 1300 and staff and students of sandy hook elementary are actually in the crowd and they're wearing green and white ribbons. the town's and the school's colors with a small angel in the middle of them. we're told that this service will be delayed a bit because the president is still meeting with these family members and classrooms at the high school. and he's taking his time with these families in individual classrooms. we don't have a start time yet. it could be possibly at the bottom of the hour. we don't know as of yet. they'll give us the best cues they can, but he is meeting with these-- with these families one by one and also meeting with first responders. and picking up on what charles said. >> yeah, i mean, i was just going to point out when you talk about, you know, heroes and human moments and the stories that we've heard about these teachers over the course of the last 24 hours. >> the principal and-- >> the principal. >> the psychiatrist. >> and losing their lives and trying to protect the kids and then there were teachers wh
about 900 people fit and an overflow in the gym of 1300 and staff and students of sandy hook elementary are actually in the crowd and they're wearing green and white ribbons. the town's and the school's colors with a small angel in the middle of them. we're told that this service will be delayed a bit because the president is still meeting with these family members and classrooms at the high school. and he's taking his time with these families in individual classrooms. we don't have a start...
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Dec 16, 2012
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it was not damaged because of sandy. it was damaged before sandy. no wonder americans for tax reform is so upset. i guess this shouldn't surprise us, but more to come, i suspect? >> right, neil, thisis why as we talk about the fiscal cliff and debating what can be done, anyone who'sot telling you spding needs to be on the table and need to cut spending as part of the deal and solution is not serious. as you've seen, as soon as there's money, even the whiff of money on the tail, every agency on the board bellying up to the federal trough saying they need money, the smithsonian, the fbi, everyone all the sudden has a sandy-storm related cost they need paid for by the federal government. neil: you know what's weird? i was trying to think through the smithsonian, everyone is going to tryto justify for why they need the money. they can have app exhibit later on to talk about deadliest storms to hit america, and we need the roof fixed, but it gets to stretch the imagination, and just credibility of the washington and how it gets money out, but big sums, $
it was not damaged because of sandy. it was damaged before sandy. no wonder americans for tax reform is so upset. i guess this shouldn't surprise us, but more to come, i suspect? >> right, neil, thisis why as we talk about the fiscal cliff and debating what can be done, anyone who'sot telling you spding needs to be on the table and need to cut spending as part of the deal and solution is not serious. as you've seen, as soon as there's money, even the whiff of money on the tail, every...
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Dec 3, 2012
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how much is blamed on sandy when it shouldn't? >> everything blamed on sandy. that's going to work for a while. once you dig into the details, wait a minute, this isn't all sandy. because the east coast is a very big part of the -- >> obviously oh, yes. >> the economy. >> everybody who has gone through sandy. >> chicago is a big part, texas, california, they weren't affected directly by sandy. so that will come back much quicker if it's going to come back. that's where you have to look, to see what the trend was beforehand. >> okay. now europe. you know, there was a little bit of a -- a confusion this morning when spain asked for a bailout. they're talking bank bailout, country bailout, new program. rates are down. i've seen many stories, if this is really going to be a positive rates being down, we have to really draw in more global investors. do you think that will happen ultimately? >> ultimately, i do think it will. any time europe gets pushed to the background, i'm kind of pleased. as long as their banking system isn't going to affect ours, i think we can
how much is blamed on sandy when it shouldn't? >> everything blamed on sandy. that's going to work for a while. once you dig into the details, wait a minute, this isn't all sandy. because the east coast is a very big part of the -- >> obviously oh, yes. >> the economy. >> everybody who has gone through sandy. >> chicago is a big part, texas, california, they weren't affected directly by sandy. so that will come back much quicker if it's going to come back. that's...
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Dec 15, 2012
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senator richard blumenthal there in the sandy hook area. thank you so much, sir, for your time here on msnbc. we appreciate it. >> thank you. >> for the first time we are hearing from a family member of the accused gunman. that is next as we continue our coverage of the attack on sandy hook elementary school here on "weekends with alex witt." [ sarah ] i thought, the red cross does katrina. they don't help single moms. hi! hi! [ sarah ] what happened to our house last year? [ daughters ] it flooded and the water flooded out. yeah. [ sarah ] the red cross arranged the hotel for us. they gave me that break, that leverage, to be able to get it together and take care of them. you know? i feel like we've come full circle. [ daughter 1 ] like that! [ daughter 2 ] this is how i'll do it. [ sarah ] there you go. yofor giving the perfect gift?le just have a knackhow i'll do it. they put real thought into it. and find just... the right...thing. how do they do that? more saving. more doing. that's the power of the home depot. pick up a ridgid jobmax m
senator richard blumenthal there in the sandy hook area. thank you so much, sir, for your time here on msnbc. we appreciate it. >> thank you. >> for the first time we are hearing from a family member of the accused gunman. that is next as we continue our coverage of the attack on sandy hook elementary school here on "weekends with alex witt." [ sarah ] i thought, the red cross does katrina. they don't help single moms. hi! hi! [ sarah ] what happened to our house last...
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Dec 26, 2012
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will the new concern about sandy hook draw new attention to this old and enduring problem? progress is the way we talk about this debate. here's new york mayor cory booker on sunday. >> what frustrates me about this debate is it's a false debate, this is a false debate. this is a convenient tip to try to split our country more. most agree to stop the carnage going on in cities all across america. >> booker's premise is there is a consensus on gun regulations but the nra has artificially frozen that debate. other reformers say for a real breakthrough, supporters of gun regulation need a clear political enemy to organize against. nick confessore, i'm going to you, nra has money and members and we talked a lot in the past days since this shooting about their role in the political debate. is it also possible, though, what's happened is a one-sided debate about to become a two-sided debate because the president of the united states says this is going to be a priority in his state of the union? >> certainly a priority if the president wants to advance it. he has the biggest bully
will the new concern about sandy hook draw new attention to this old and enduring problem? progress is the way we talk about this debate. here's new york mayor cory booker on sunday. >> what frustrates me about this debate is it's a false debate, this is a false debate. this is a convenient tip to try to split our country more. most agree to stop the carnage going on in cities all across america. >> booker's premise is there is a consensus on gun regulations but the nra has...
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some of that is attribute knowledge to superstorm sandy. an estimated quarter million vex were destroyed. those numbers will be out this morning. it would only say that it is speaking to, quote, interested parties. but delta air lines is involved in those sdgzs. virgin is the second largest airline at heath row. >>> and lenny dykstra will be sentenced today. he was found to have hidden and stole sports memorabilia other items that were supposed to be part of a bankruptcy filing. >>> the game of political chicken, we were looking to rise above the partisan politics and trying to get something done. david walker, ceo of the america comeback initiative, steve mcmahon, co-founder of purple strategies, you guys have been on for a while and we've talked about a lot of things. steve, just 1:30 ag ago, you made a point talking about the bush tax cuts. and i said the tax cuts have been near and dear and you said at least bush was smart enough to know that we couldn't afford them so they were sunseted. >> so they were sunseted. >> that may happen. in
some of that is attribute knowledge to superstorm sandy. an estimated quarter million vex were destroyed. those numbers will be out this morning. it would only say that it is speaking to, quote, interested parties. but delta air lines is involved in those sdgzs. virgin is the second largest airline at heath row. >>> and lenny dykstra will be sentenced today. he was found to have hidden and stole sports memorabilia other items that were supposed to be part of a bankruptcy filing....
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Dec 7, 2012
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hurricane sandy, though, still making waves. analysts expect the super storm to dent unemployment figures out later today. we'll review that report when we come back. >>> here are the headlines. u.s. job growth is expected to have slowed significantly in november as hurricane sandy battered the economy. japanese authorities have lifted all tsunami warnings after a 7.3 magnitude quake struck off the northeastern coast. and bundesbank has sharply lowered germany's growth outlook from 1.6 to a mere 0.4%. it's warned of an imminent recession as problems in europe periphery weigh. futures at the moment forecasts a soft start. down 15 at the moment on the dow, nasdaq currently called down 3.8, and s&p 500 around 1.5 points. european stocks are flat really. forgave points for the ftse, xetra dax is up though at it highest level since 2008. up nearly 28% this year. flat on the cac, ibex down two thirds. but hurricane sandy is expected to have put a pretty big accident in the november u.s. jobs report. it's out at 8:30 eastern. nonfarm p
hurricane sandy, though, still making waves. analysts expect the super storm to dent unemployment figures out later today. we'll review that report when we come back. >>> here are the headlines. u.s. job growth is expected to have slowed significantly in november as hurricane sandy battered the economy. japanese authorities have lifted all tsunami warnings after a 7.3 magnitude quake struck off the northeastern coast. and bundesbank has sharply lowered germany's growth outlook from 1.6...
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Dec 13, 2012
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that's in the range. 400 we thought was sandy. and now going down below 350 i think some economists, you know what, maybe the job market is a little bit better than we expected. the real disconnect that's out there, andrew, is we've reduced capital spending but not hiring. >> right. >> usually those things work together when they cut cap-ex they also cut workers to go along with that. they seem to have cut cap-ex on maybe a temporary, i'm worried about the fiscal cliff basis, but kept their employees on board. that seems to be the case right now. and presents the possibility of making some progress. >> they come back with some more cap-ex then we've got a shot -- >> did we get rick to talk about the fed yesterday? time for a -- some wisdom from rick? >> i'm here. >> rick, so what did you make of that? do you understand what policy is now? before you tell me how much you disagree with it, i just want to know if you understand it. >> do you understand it? >> no, i don't. i don't. i wanted to see if we were simpatico on that story. >
that's in the range. 400 we thought was sandy. and now going down below 350 i think some economists, you know what, maybe the job market is a little bit better than we expected. the real disconnect that's out there, andrew, is we've reduced capital spending but not hiring. >> right. >> usually those things work together when they cut cap-ex they also cut workers to go along with that. they seem to have cut cap-ex on maybe a temporary, i'm worried about the fiscal cliff basis, but...
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Dec 6, 2012
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early thanksgiving, hurricane sandy. is this rally at the end of the day having anything to do with any anticipation of the jobs report? what are you looking for? >> no, i don't think so. we're looking for almost exactly half. we had 171,000. the consensus is 85 to 90,000. we're looking at half. i understand that, you know, superstorm san difs a horrible event, and i am sure it's going to take some jobs out, but it's going to also be a bit of an excusetrending well. i'll give you an example. wells fargo gallup does a small survey. on hiring, small businesses dropped to the lowest level of opt miimism in four years. it doesn't matter what ben bernanke does. i think his programs have long since not really helped the employment side, but the fiscal cliff is doing obvious damage. that's going to make what everybody knows is coming. we ran out of two years to sell. they're going to go from a twist to outright purchases. it's fully built into the market, but it isn't going to help. the fiscal cliff is going to do more damage t
early thanksgiving, hurricane sandy. is this rally at the end of the day having anything to do with any anticipation of the jobs report? what are you looking for? >> no, i don't think so. we're looking for almost exactly half. we had 171,000. the consensus is 85 to 90,000. we're looking at half. i understand that, you know, superstorm san difs a horrible event, and i am sure it's going to take some jobs out, but it's going to also be a bit of an excusetrending well. i'll give you an...
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Dec 17, 2012
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let's go from sandy hook to hurricane sandy. there is the president wants $60 billion to help the people throughout the northeast who were impacted extraordinarily enough in that $60 billion bill, it's a pork project. how could alaska wind up with $150 million out of the sandy scam for fair fisheries? >> gitmo, maybe they need another soccer field. 5.2 million for the justice department. 4 million to kennedy space center in florida. 3.5 million for homeland security. 2 million for smithsonian institution in d.c can't you just look at one tragedy, as if we haven't had enough. can't we just look at one tragedy and say, hey, those people are suffering. they actually need the $60 billion. why does it always have to come down to politics where now people are raising their hands and saying, we'll need 2, 2, 2? >> brian: it's up to guys like senator humaner and gillibrand to say i'm outraged by my colleagues that would do that for their state when they were not affected by a super storm. >> steve: get all the money and make sure it goe
let's go from sandy hook to hurricane sandy. there is the president wants $60 billion to help the people throughout the northeast who were impacted extraordinarily enough in that $60 billion bill, it's a pork project. how could alaska wind up with $150 million out of the sandy scam for fair fisheries? >> gitmo, maybe they need another soccer field. 5.2 million for the justice department. 4 million to kennedy space center in florida. 3.5 million for homeland security. 2 million for...
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Dec 18, 2012
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. >>> alaskan fisheries weren't hit by superstorm sandy, i don't think so. there is still more than $100 million, earmarks for them and other affected states in the relief bill. i venture to say the people of staten island, they might be able to put that money to better use. we're going to break down all the wasteful spending baked into the bill for you. do you ever have too much money or too much bret baier? no. melissa: onto the middle east. war-ravaged syria is sounding an alarm over growing food shortages. bread essential to the diet. 70% ofheir bread needs are not being met president as said is assad deliberately targeting the fo chain targeting delivery vans, sending up food prices. we have the former ambassador to to robert hunter. welcome to the show, ambassador hunter. we appreciate your time here. >> good to be with you. memelissa: i thought a lot of facts were disturbing and shocking not more so than anything else going on in syria. land is noteing farmed because of shell fire. there is lack of fertilizer. tanks have deliberately destroyed the irr
. >>> alaskan fisheries weren't hit by superstorm sandy, i don't think so. there is still more than $100 million, earmarks for them and other affected states in the relief bill. i venture to say the people of staten island, they might be able to put that money to better use. we're going to break down all the wasteful spending baked into the bill for you. do you ever have too much money or too much bret baier? no. melissa: onto the middle east. war-ravaged syria is sounding an alarm...
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Dec 7, 2012
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everybody suggested that sandy would have a significant impact. but the labor department itself is saying no, it did not. is that correct, peter? >> that's correct. and it's because of the way the labor department retrieves and asks businesses and people about their employment. for example, if you work for one hour during a week and there is a storm, you're still counted as employed. for you not to be counted as employed, you can work no hours and get no pay during the particular survey week. >> you've had a chance to go through the whole report. any other headlines stand out at you? >> well, we're substantially revisions in september and october. 50,000 fewer jobs created in those two months than had previously been expected and the labor department does say that we should get a better read of any possible impact of sandy on individual states and regions when they release other numbers, other reports on those in two weeks from now. >> peter barns, thank you very much. i will repeat this because it is a surprise, 7.7% is the unemployment rate. 146
everybody suggested that sandy would have a significant impact. but the labor department itself is saying no, it did not. is that correct, peter? >> that's correct. and it's because of the way the labor department retrieves and asks businesses and people about their employment. for example, if you work for one hour during a week and there is a storm, you're still counted as employed. for you not to be counted as employed, you can work no hours and get no pay during the particular survey...
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Dec 5, 2012
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it may have been reduced by 86,000 because of hurricane sandy. but there was a good number today which was the ism data when it comes to the services sector. you can see it was up. there's the adp data. but i want to talk about the services sector which was up a bit more than expected. then what you had, business activity was up, new orders were up, employment was the one thing that was down. i don't know if that's a sandy effect. that could be also, by the way, a fiscal cliff effect. zplint vi >> interviewing secretary geithner later today. what's your first question going to be? >> i want to get his response -- we had the president respond to boehner's proposal but i want to get the secretary's response, too, the specific issue of, hey, the republicans looked like they made a step forward, actually got some accolades in some of the press for agreeing to new revenues. where's the administration's response on that side? are they willing to give? i think that's a key question right now in terms of what the news flow is right now but also there's c
it may have been reduced by 86,000 because of hurricane sandy. but there was a good number today which was the ism data when it comes to the services sector. you can see it was up. there's the adp data. but i want to talk about the services sector which was up a bit more than expected. then what you had, business activity was up, new orders were up, employment was the one thing that was down. i don't know if that's a sandy effect. that could be also, by the way, a fiscal cliff effect. zplint vi...
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Dec 2, 2012
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and part of that is due to sandy. there were $18 billion in lost wages and salaries from sandy. it really hit, although it didn't hit the nation, it will have an impact on g.d.p. and on unemployment. in october, we also saw that there was a decrease in purchases, adjusted for inflation, the biggest in three months. so, there was a definite stoppage, this was a populated area with an impact. >> when do we expect the numbers will come back? >>guest: there is one positive impact in terms of the economy. you have workers, construction workers coming from all over the country who have been unemployed to help rebuild and we are expecting there could be a half percentage point increase in economic growth next year because of this rebuilding effort. >>heather: is that construction jobs or over all? >>guest: in the reconstruction, rebuilding and infrastructure. this is not the way that we want economic growth but there is one side where people are getting jobs who did not have them before. >>heather: and another increase in auto sales? >>guest: so many of the cars were flooded out and th
and part of that is due to sandy. there were $18 billion in lost wages and salaries from sandy. it really hit, although it didn't hit the nation, it will have an impact on g.d.p. and on unemployment. in october, we also saw that there was a decrease in purchases, adjusted for inflation, the biggest in three months. so, there was a definite stoppage, this was a populated area with an impact. >> when do we expect the numbers will come back? >>guest: there is one positive impact in...
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so sandy did leave an impact in the data. but i think the report as a whole shows that the economy has been resilient, as i say every month when i'm on your show we're making progress. we're digging our way out of a deep hole. we're not satisfied yet. there's a long way to go. but there are signs that the economy is continuing to heal. >> is it a realistic possibility a year ago today the unemployment rate was 8.7%. today it's 7.7%. is it a realistic possibility, i know you don't like to project numbers, but that we could expect another point drop a year from now? is. >> well, we'll come out with our official projections when the budget comes out but i would say if congress does address the problems that it needs to address concerning the fiscal cliff if we had reasonable resolution type of programs that the president has been proposing to support the economy in the short run, get us on a sustainable fiscal path in the long run, protect the middle class, we're going to continue to see progress in this economy. in fact, i woul
so sandy did leave an impact in the data. but i think the report as a whole shows that the economy has been resilient, as i say every month when i'm on your show we're making progress. we're digging our way out of a deep hole. we're not satisfied yet. there's a long way to go. but there are signs that the economy is continuing to heal. >> is it a realistic possibility a year ago today the unemployment rate was 8.7%. today it's 7.7%. is it a realistic possibility, i know you don't like to...